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Dr. Richard Boylan has produced a report saying that a large asteroid will hit the North Atlantic between 2:30 and 3:00 PM on November 15. As is our custom, we are recording this prediction, and, assuming we are still here on November 16, will report on the outcome. As 2012 nears, we can expect more of these apocalyptic predictions. Dr. Boylan has stated in his report, “There is an asteroid headed on a collision course with earth. It is 8/10th of a mile long and 6/10th of a mile wide.read more

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The first indication of how financial professionals expect Y2K (The Year 2000 Problem) to affect the economy has appeared in the form of a financial futures trade that reveals their private thinking on this matter. This trade, which consists of a combination of long (purchase) and short (sale for later repurchase at a lower price) positions in financial futures instruments, shows that they expect a spike in interest rates to occur late in 1999. By March of 2000, they expect interest rates to return to normal.
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